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Jan 14, 2013
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i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it is fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life heavy saving research so the that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it is smart to protect endless corporate loopholes and tax breaks for the wealthiest americans, rather than rebuild our roads and our schools, invest in our workers skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way where everybody pulls their weight,
i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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Jan 16, 2013
01/13
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. >> the shippers pay a tax to the lar boar maintenance fee for such work. in recent years the senators on both sides of the aisle, including carl levin of michiganbe complain the fund has been raided for other federal spending. >> steve brown on the banks of lake michigan. thank you. >> interior secretary ken salazzar the latest official to head out the door. they say he will leave in march. he joins the secretary of state, treasury, defense, labor and the epa chief in announcing their departures. more than 8,000 new york city school bus drivers on strike tonight. many students disabled had to find other ways to school this morning. job protection is the hang up. they put a contract with the private bus up for bid. it just got tougher to have your voice heard by the white house. taking gun control at schools for what you might consider a ridiculous extreme. grapevine explains next. >> bret: the white house quadrupleed the threshold on the signatures for the lead the people petition site. the new minimum, 100,000 signatures in 30 days. that is up from 25,000
. >> the shippers pay a tax to the lar boar maintenance fee for such work. in recent years the senators on both sides of the aisle, including carl levin of michiganbe complain the fund has been raided for other federal spending. >> steve brown on the banks of lake michigan. thank you. >> interior secretary ken salazzar the latest official to head out the door. they say he will leave in march. he joins the secretary of state, treasury, defense, labor and the epa chief in...
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Jan 13, 2013
01/13
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host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for senator hagel's side. if he says the wrong thing, he could lose his position in the community. it is astonishing to me that people have been so wrong from day one. the people have been wrong. iraq is a disaster with trillions of dollars. afghanistan is a disaster. we do not know what is going on. in syria, the christians are terrified. chuck hagel is reasonable. what did he say that has so destructive -- disrupted it all? he said the jewish lobby intimidate people. to people knowledgeable and aware, this is not an issue. host: this is someone from the republican line. this is slowly an
host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for...
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Jan 15, 2013
01/13
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it's a special tax form. have you to file for every single state that you're in where the pipeline might go through. it's a little complicated so some people have been buying exchange-traded funds because there's mlp exchange-traded funds. the point is if you're interested in dividends, these -- these kinds of deals are very, very host investments. two other ones are coming this week. >> not really seeing the kind of pace that we've seen for ipos. haven't seen the business come back. >> norwegian cruise lines goes back. not a massive limited partnership. >> that's a very well known name. >> sure they will be trying it out. >> get me my sunglasses. >> closing countdown coming up. >> and is congress threatening the economy with the looming fight over the debt ceiling? something we're all talking about, and will washington ever get serious about fixing the debt crisis. do not miss, this should be pay-per-view's, maria's exclusive interview with alan simpson coming up on the "closing bell." >> he's always great.
it's a special tax form. have you to file for every single state that you're in where the pipeline might go through. it's a little complicated so some people have been buying exchange-traded funds because there's mlp exchange-traded funds. the point is if you're interested in dividends, these -- these kinds of deals are very, very host investments. two other ones are coming this week. >> not really seeing the kind of pace that we've seen for ipos. haven't seen the business come back....
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Jan 13, 2013
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. >> and that is what that were sold on when they raised taxes, the idea of more money going toec. does it fulfill the promise? >> it provides $2.7 billion more to education and 500 million to higher education and that is where a lot of the support is and the governor made a contract. i think he has a contract with the voters and is willing to live up to that and ask for more resources and money and taxes. he got that and is not going to be responsible moving forward. >> and when we pass prop 30, it wasdoms day. we were going to see draconian cuts and now a surplus? did that solve the problem? >> the question is, were they telling the truth then? >> is that crying wolf then? >> it's not. this budget has $6 billion from the tax increase and without that $6 billion, we would be short that amount of money and we needed that to battlance the budget as the governor projected earlier. >> and we were up in sacramento on monday when the legislature got back together and we have a lot of new members up there and you couldn't recognize half of them and there is also, i saw the lobbyist in th
. >> and that is what that were sold on when they raised taxes, the idea of more money going toec. does it fulfill the promise? >> it provides $2.7 billion more to education and 500 million to higher education and that is where a lot of the support is and the governor made a contract. i think he has a contract with the voters and is willing to live up to that and ask for more resources and money and taxes. he got that and is not going to be responsible moving forward. >> and...
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Jan 17, 2013
01/13
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whatever that tax rate works. it can cover their expense, buy books, scene their kids to school, put food on the table. it doesn't matter where the tax was a generation ago or three years ago because we assimilate, we're a productive capitalist society that assimilates. it on lie matters where you are. love steve liesman's presentation. it's about government spending. what i find fascinating, what we have here is on one side debt. on the other side we have stimulus but not really. okay. boy the board is even getting excited. but debt and stimulus are the same. it just depends on which side of the check you're on. the 1.2 trillion every year in debt is basically a stimulus. so why is it so shock or why is it that to stop increasing debt that once you do the numbers go down? you know what it's like? you remember those old cars in the old days. you had stick shift. your battery was dead you pushed it to get it going. say you have to pay your buddies 20 bucks to get a push. if after 50 pushes it doesn't start maybe th
whatever that tax rate works. it can cover their expense, buy books, scene their kids to school, put food on the table. it doesn't matter where the tax was a generation ago or three years ago because we assimilate, we're a productive capitalist society that assimilates. it on lie matters where you are. love steve liesman's presentation. it's about government spending. what i find fascinating, what we have here is on one side debt. on the other side we have stimulus but not really. okay. boy the...
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Jan 18, 2013
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type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked about in his fair well address 52 years ago this week. from our twitter page there is this from one of our viewers -- rick is joining us from maryland democrats line. good morning. caller: good morning. i think the government should be a part of our life, because without the government all these millionair
type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across...
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Jan 19, 2013
01/13
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says he made his decision to retire early when city leaders decided against putting a half cent sales tax measure on the ballot that would have helped fund the police department. >>> health officials say the flu season is picking up here in california. the state upgraded the flu to widespread today saying the virus activity exceeds what we should expect this time of year. health officials announced another person under the age of 65 has died from the flu. >> we're watching very closely every week. we are hoping that this increase will be just an early start of the season and things will decrease, but we just never know, could be it's just the beginning of a more serious season. we're watching closely. >> health officials advise people to watch their hands frequently and cover their cough. the flu virus can live on surfaces including door knobs and keyboards several hours. for more information where to get a flu shot, head to www.ktvu.com and click the hot topics tab. >>> tomorrow will be this season's winter's spare the air alert. here's a live picture of downtown san jose. pollution leve
says he made his decision to retire early when city leaders decided against putting a half cent sales tax measure on the ballot that would have helped fund the police department. >>> health officials say the flu season is picking up here in california. the state upgraded the flu to widespread today saying the virus activity exceeds what we should expect this time of year. health officials announced another person under the age of 65 has died from the flu. >> we're watching very...
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Jan 21, 2013
01/13
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reforming schools, reducing the deficit and revamping the tax code. very american speech. i thought it actually was quite inclusive. meant for most americans. >> bret: republicans noted there wasn't a lot of talk how to deal with something they talk a lot about, the deficit and debt and concerned about the years ahead and how it paid for things. take a listen. >> we reject that america must comparing for those who built the country and the commitments we make to each other through medicare and medicaid and social security, they don't sap the initiative, they strengthen us. [ applause ] thaw do not make us a nation of takers, they free us to take the risks that make this country great. >> that is the only time he talk about the deficits. >> i had that same thought. reminded me of something that lincoln said or made a book review or critique. people who like this sort of thing will find this is the sort of thing they like. and for those who already agree with the president perspective, on those issues and on many others there was lots to like. it wasn't a speech that reached
reforming schools, reducing the deficit and revamping the tax code. very american speech. i thought it actually was quite inclusive. meant for most americans. >> bret: republicans noted there wasn't a lot of talk how to deal with something they talk a lot about, the deficit and debt and concerned about the years ahead and how it paid for things. take a listen. >> we reject that america must comparing for those who built the country and the commitments we make to each other through...
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Jan 14, 2013
01/13
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that means there could be a potential big tax hit if most of that money is overseas? >> yeah, that's exactly right. if you have to repatriate for use in something like this, then you have to pay the differential in the different tax jurisdictions. so while you have 5 on the books, it could be significantly less that you could actually utilize. sandra: i want to bring a report from goldman sachs. they upgraded based on quote the possibility of a leveraged buyout offer providing floor for the shares. if you own dell shares, if you want to own dell shares, what does one do right now based on the news that we have at this moment? >> well, i think outside of a takeout, the 2013 still looks better for dell than 2012. they're doing a lot of things to get them out of just the commodity pc market, into services, into servers into the upper enterprise where margins are better to look more like an ibm than maybe just a pc seller. that will be better for the company as we push through the next few quarters. i think we have a little bit better pc backdrop to boot. david: cody you
that means there could be a potential big tax hit if most of that money is overseas? >> yeah, that's exactly right. if you have to repatriate for use in something like this, then you have to pay the differential in the different tax jurisdictions. so while you have 5 on the books, it could be significantly less that you could actually utilize. sandra: i want to bring a report from goldman sachs. they upgraded based on quote the possibility of a leveraged buyout offer providing floor for...
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Jan 18, 2013
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cornyn notes there will be tax revenue coming in and said it may be necessary to partially shut down the government to secure the long-term fiscal well-being of the country. white house aides just want congress to get it done. >> the point is without drama and delay, monthly extension is drama. okay? so congress should do its job. we're not going to negotiate over extending the debt ceiling. >> though the house is planning something short-term to force the senate to the a budget. >> just the structure, moving something on a shorter term, what we are discussing is something that all could support. it's reasonable. but also very constructive for america themselves. >> spokesman for the senate majority leader harry reid says if the house pass a clean debt ceiling incress, the senate will be happy to consider it. jay carney at the white house called for passing a clean debt limit deal without delay. leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking wi
cornyn notes there will be tax revenue coming in and said it may be necessary to partially shut down the government to secure the long-term fiscal well-being of the country. white house aides just want congress to get it done. >> the point is without drama and delay, monthly extension is drama. okay? so congress should do its job. we're not going to negotiate over extending the debt ceiling. >> though the house is planning something short-term to force the senate to the a budget....
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Jan 19, 2013
01/13
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no doubt that the main concern, for instance, in my city in northeast mexico is a border state with taxes. too often, cities have borders with the rio, texas that we also have my city on the southeast part of the state and it's a strategic location. my city the city of 670,000 people. it's a big city. the metropolitan area sharing the space which has two cities, our neighbors in another city, which is my city. there is no doubt that the main concern of the people in the border areas on the mexican side is the demand for safety and the demand for security. this demand is being heard louder and louder than the demands for employment and secret services, which is what we mayors do. when i was listening of course for job creation, economic development. but i mexico, it's becoming also one of the major necessities, which was than in the past, but is now. the fact that a strategic security knowledge and something, which in the past, we never had to do it, which we security issues, which would strategy, which was this alliance that needs to be built at the federal government, drug enforcement ag
no doubt that the main concern, for instance, in my city in northeast mexico is a border state with taxes. too often, cities have borders with the rio, texas that we also have my city on the southeast part of the state and it's a strategic location. my city the city of 670,000 people. it's a big city. the metropolitan area sharing the space which has two cities, our neighbors in another city, which is my city. there is no doubt that the main concern of the people in the border areas on the...
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Jan 14, 2013
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taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the question today is, that a regresssive tax? >> yes. >> peter: as you economists say? >> yes. >> peter: what does that mean? >> everybody pays it. no relation to how much you earn. it's how much you spend. you pay tax according to what you spend. a sales tax, it tax consumption. so in that sense, yes. it is regresssive. but on the other hand, if the absence of income taxes creates a growing economy, everybody wins from that. >> peter: some states don't have income tax. >> there are seven. i'll read them, alaska, florida, nevada, sout
taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the...
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Jan 14, 2013
01/13
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the payroll tax hold day was not extended, so, that pushed the tax and social security up to 6.2% from 4.2%. despite the consumer discretionary shot up. no everyone is convinced the run can last as consumers feel the pinch. it's time for a street fight. karen is bullish on consumer discretionary, b.k. is bearish. so, beeks, lay out the bear case. >> okay, so, i start, karen is undefeated. i'm going to mind by ps and qs here. i think consumer discretionary is overdone here, primarily because when you look at consumer credit and disposable income, they increase one to one. we had an increase in consumer credit, away from the trend. you have an increase in disposable nexincome. it may not be a lot, but that could have a nonlinear effect on the area. when i look back at the valuation of it, xly or the underlying index is trading at the high end of its valuation on a p.e. and price to book ration owe is the word i was looking for. it a tough word. >> yeah. >> r-a-t-i-o. >> yes. >> i but curious about this, because it doesn't sound like a lot, but the tax policy center says that's $18 to $20
the payroll tax hold day was not extended, so, that pushed the tax and social security up to 6.2% from 4.2%. despite the consumer discretionary shot up. no everyone is convinced the run can last as consumers feel the pinch. it's time for a street fight. karen is bullish on consumer discretionary, b.k. is bearish. so, beeks, lay out the bear case. >> okay, so, i start, karen is undefeated. i'm going to mind by ps and qs here. i think consumer discretionary is overdone here, primarily...
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Jan 20, 2013
01/13
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CNN
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the president won the election and all about taxes and he got his taxes. $60 billion a year and runs the government for five days. he has to challenge his party on spending, which he has not been willing to do. >> first of all, we're not talking about 30, we had 85 votes. it doesn't help if you caricature. the fiscal cliff a deal/deal and joe biden. we got less than we wanted. i would have liked to have based taxes on people making $300,000 a year. but we had 85 republicans for that. on the hurricane, that was a very bipartisan deal in the senate and the notion that we were going to peel off a few, that shouldn't be partisan at all. after spending, i agree. here's the problem. the biggest increase in spending in the last, in this century has been a military spending. unpaid for in iraq, an unnecessary war. afghanistan, military spending else where. i very much want to cut spending but people who want to exempt the military from spending cuts. >> you have to have the last word on that. >> every penny to the pentagon and every penny the government spends, we still borrow $300 billion a
the president won the election and all about taxes and he got his taxes. $60 billion a year and runs the government for five days. he has to challenge his party on spending, which he has not been willing to do. >> first of all, we're not talking about 30, we had 85 votes. it doesn't help if you caricature. the fiscal cliff a deal/deal and joe biden. we got less than we wanted. i would have liked to have based taxes on people making $300,000 a year. but we had 85 republicans for that. on...
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Jan 15, 2013
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say they they make up 16% of the taxes collectle in the country. all the different argument. what about the concern over the country's fiscal situation. and how it factors in to this particular disaster relief bill after the house passed the $9 billion relief bill, the first tranche of relief the last two weeks. new jersey governor chris christie criticized for the delay to this point. thenate doing something two weeks ago. it seems to me that the criticism it's a blunt instrument. 1.6% of discretionary spending lop it off and throw it away. if you look at priest proposals, doing away with the legal services and you think wait a minute. there is a political agenda here being pursued by people who want to do away with the discretionary spending. the comeback has been this is the first time. you have never had a situation where disaster relief has been attached to, the compensatory cuts in the rest of the budget. >> bret: right. that is a fair point. they makebe is that to tie all of this together has not happened before. it didn't happen in katrina and it didn't happen in othe
say they they make up 16% of the taxes collectle in the country. all the different argument. what about the concern over the country's fiscal situation. and how it factors in to this particular disaster relief bill after the house passed the $9 billion relief bill, the first tranche of relief the last two weeks. new jersey governor chris christie criticized for the delay to this point. thenate doing something two weeks ago. it seems to me that the criticism it's a blunt instrument. 1.6% of...
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Jan 18, 2013
01/13
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now he says the last straw was when the city council voted against putting a half cent sales tax measure on last november's ballot to help the police department's finances. he decided if he didn't have the spot of city officials, it was time for him to go. the city of san jose still hasn't selected a permanent replacement for chief moore. >>> the bar high lot on the tanker that sideswiped the bay bridge could lose its license. state agency is investigating captain guy's conduct. that is according to the san francisco chronicle. research by the san francisco examiner says he had the most documented incidents between 2009 and 2011. the january 7th collision caused more than $2 million in damage. >>> time now 5:34. sal is back. you are checking highway 4. the roads and bridges and everything. >> that is right highway 4 we will start there. we have a lot of slow traffic there early in the morning. but here in bay point it does look good. it's not all that bad yet in antioch. you will still be slowing a little bit. we're off to a decent start here. if you are driving to the bay bridge the tra
now he says the last straw was when the city council voted against putting a half cent sales tax measure on last november's ballot to help the police department's finances. he decided if he didn't have the spot of city officials, it was time for him to go. the city of san jose still hasn't selected a permanent replacement for chief moore. >>> the bar high lot on the tanker that sideswiped the bay bridge could lose its license. state agency is investigating captain guy's conduct. that...
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Jan 18, 2013
01/13
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without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government means gross and a gradual increase while california shrinks. i hope the country watches and learns. that is our show. oee you next time. seven. the white house and state department confirming only the presence of some american citizens among the hostages, obviously relying principally on the algerian government for most of its information, although the united states has had drones over that plant for much of the time. so at this hour this is what we do know, that the algerian government h
without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do...
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Jan 21, 2013
01/13
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he says his current tax rate is over 60%. check it out, this cat in england seeing snow for the fist time ever. fletcher can't get enough of it. as if he's trying to catch it. very cute. steve? >> steve: thanks. we've been talking about it all morning. the president is expected to emphasize the need for common ground in washington in his inaugural speech today, which is also what he promised four years ago. >> we come to preclaim an end to the petty grievances and false promises, the recriminations and worn out dogmas that for far too long have strangled our politics. >> steve: joining us is fox news legal analyst peter johnson, jr. we sat in these chairs four years ago. has he kept that promise? >> i think today is a day for new beginning, steve. in some ways he has not kept those promises. this is a at this of great anticipation. it's momentous in our american pageant. it's a day when we say that common ground is the most important part of our lives. common ground, though, means yielding ground. common ground doesn't merely
he says his current tax rate is over 60%. check it out, this cat in england seeing snow for the fist time ever. fletcher can't get enough of it. as if he's trying to catch it. very cute. steve? >> steve: thanks. we've been talking about it all morning. the president is expected to emphasize the need for common ground in washington in his inaugural speech today, which is also what he promised four years ago. >> we come to preclaim an end to the petty grievances and false promises,...
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Jan 18, 2013
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it's really sort of taxed the entire hospital system. we have patients in our emergency room, have crowded a lot of patients in the emergency room. we've used a lot of techniques to accommodate the influx of patients we've seen. >> are you seeing at least at press, are other hospitals, those extraordinary measures that some have taken, are they beginning to pull back a bit? >> we're not pulling back yet. as i said, we've seen a slight decline in the last couple days. but we want to make sure it actually starts falling considerably before we pull back. we've got additional staff on board. we've opened up additional units in order to take care of these patients. we've created new protocols in our emergency room to tri to triage them so make sure they're not mixing with the other patients. those policies will still be in place for the next couple weeks likely. >> in kitchens, and offices around the country, people are still talking about whether to get a vaccination, right? >> yes. >> they can start as early as october. if you haven't gotte
it's really sort of taxed the entire hospital system. we have patients in our emergency room, have crowded a lot of patients in the emergency room. we've used a lot of techniques to accommodate the influx of patients we've seen. >> are you seeing at least at press, are other hospitals, those extraordinary measures that some have taken, are they beginning to pull back a bit? >> we're not pulling back yet. as i said, we've seen a slight decline in the last couple days. but we want to...
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underlying factors that drives violence in our society pass an assault weapon ban and repeal the reagan tax cuts two for more let's bring in mike papantonio attorney and host of ring of fire radio five welcome back. great great to see it president bush signed a number of far more radical executive orders during his term including as i mentioned earlier a ban on stem cell research the authorization of torture created more powers for the v.p. office making it harder to get access to presidential records none of these were taken with any consideration of congress why wasn't congress up in arms about that . wasn't as much money involved for the republicans then the jim sensenbrenner story tells you a really sheds a light one how completely the republicans are owned in order to round by the gun manufacturing industry this hustler of republican politician if you follow this story engineered a plan where he snuck it into the patriot act where the president couldn't appoint an a.t.f. chief now the reason this story is important is it shows you how wholly own republicans are by the gun industry with
underlying factors that drives violence in our society pass an assault weapon ban and repeal the reagan tax cuts two for more let's bring in mike papantonio attorney and host of ring of fire radio five welcome back. great great to see it president bush signed a number of far more radical executive orders during his term including as i mentioned earlier a ban on stem cell research the authorization of torture created more powers for the v.p. office making it harder to get access to presidential...
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Jan 15, 2013
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tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators, all of these talking about cutting entitlements the social security and i'm 85 years old. i started paying in when i was 15 years old working on the power line in west virginia. that is my home state. it is so corrupt, social security. they need to get these doctors and lawyers off and encourage people to go one social security and disability. host: on twitter. james in new york, republican. caller: hello. presently i'm still waiting for insurance, which i pay a premium on, from 7sandy. fema is out of money and i think they will vote this morning to do ad to the people who'd pre
tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators,...
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Jan 14, 2013
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taxes. for people not earning that much, you may think well, who cares then. well, analysts say this is going to have a significant impact on the economy. families have less money to spend, especially in local stores, eating out or on vacation. that in turn could hurt our job market once again. coming up in our next hour of mornings on 2, the action some people say they're going to take that could really have a devastating effect on them later in life and on our economic future. tori, dave? >> pam, thank you. >>> time 7:49. inauguration day for president obama is one week from today. organizers held a dress rehearsal getting ready for the big event. >> this was the scene on the streets of washington, d.c. just yesterday. there was this rehearsal parade along with a mock swearing in ceremony. president obama's second inauguration will be smaller than his historic first swearing in. turnout is expected to be between 600,000 to 800,000. that compares to a record 1.8 million people four years ag
taxes. for people not earning that much, you may think well, who cares then. well, analysts say this is going to have a significant impact on the economy. families have less money to spend, especially in local stores, eating out or on vacation. that in turn could hurt our job market once again. coming up in our next hour of mornings on 2, the action some people say they're going to take that could really have a devastating effect on them later in life and on our economic future. tori, dave?...
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Jan 16, 2013
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second look, there's a lot of messed-up tax returns out there. people bring in old tax returns, and i'm like, "who did this to you?" you have a return. bring it in; i'll look at it for free. i'll go back three years. i'm going to get you every single deduction out there. get your free second look from h&r block now. ♪ [ cheers and applause ] >> steve: ladies and gentlemen, everything you're about to hear is 100% true. it's time for "true facts of truth." [ cheers and applause ] ♪ >> jimmy: before doors were invented, people just walked through walls. [ light laughter ] >> albert einstein was great at math but even better at angry birds in space. [ laughter ] >> jimmy: george monopoly invented one of the most popular board games of all time -- chutes and ladders. [ laughter ] >> the word banana is latin for penis fruit. [ laughter ] >> jimmy: most males have lisps, but it doesn't matter because they never talk. [ laughter ] >> the tuba can only be played if a very fat man is walking nearby. [ laughter ] [ cheers and applause ] >> jimmy: winston churchill was the first man to say -- [
second look, there's a lot of messed-up tax returns out there. people bring in old tax returns, and i'm like, "who did this to you?" you have a return. bring it in; i'll look at it for free. i'll go back three years. i'm going to get you every single deduction out there. get your free second look from h&r block now. ♪ [ cheers and applause ] >> steve: ladies and gentlemen, everything you're about to hear is 100% true. it's time for "true facts of truth." [ cheers...
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Jan 19, 2013
01/13
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WBAL
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the power software created by the tax experts. file for free now at hrblock.com. ♪ [ cheers and applause ] >> jimmy: our next guest is a very funny emmy award-winning writer whose latest book "lunatics," co-written with dave barry, is now available in paperback. please welcome alan zweibel. ♪ [ cheers and applause ] >> jimmy: thank you. i've been dying to have you on the show. thank you for finally coming. >> thanks for having me. this is great. >> jimmy: please. i'm a big fan of yours. i told you this. i met you years ago, but your head shot is up on seventeen on "saturday night live." >> it takes up most of seventeen doesn't it? >> jimmy: it's a nice size shot. but i remember seeing your face every time we went into the writer's meeting. i'd walk right by alan zweibel. . and was like, there's alan zweibel. and then i actually got to meet you and you're a moving head shot. >> i am a moving head shot. >> jimmy: you were there at "snl" when it first started. >> i was there from there day one from 1975 to 1980. >> jimmy: wow. >>
the power software created by the tax experts. file for free now at hrblock.com. ♪ [ cheers and applause ] >> jimmy: our next guest is a very funny emmy award-winning writer whose latest book "lunatics," co-written with dave barry, is now available in paperback. please welcome alan zweibel. ♪ [ cheers and applause ] >> jimmy: thank you. i've been dying to have you on the show. thank you for finally coming. >> thanks for having me. this is great. >> jimmy:...
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if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like his idea. there are a few other things by the way that weren't mentioned i. think something that is really critical is the overall country has been in a bunker men taplt whic mentality. which is natural. we need to get into a progrowth mentality. states that exist only to feed into the welfare society that removes the needle, that's why our gdp hasn't moved. these are gdp policies. businesses hire more people, invest in plants, it encourages work. right now we have a scenario where work is sort of discouraged and moving up in the workforce is discouraged. if you make less than $50,000 you almost would
if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like...
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Jan 15, 2013
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the wealthy see charity and taxes two sides of the same coin. taxes go up, charity must go down. press secretary for george bush summed it up in a recent tweet saying, quote, i and many others will likely donate less in 2013. but a new study from the nonpartisan tech center says charitable giving may actually increase this year by $3.3 billion. tax hikes are actually the main reason why. here's how it works. taxpayers deduct their charity at their marginal tax rate. last year the wealthy could deduct 35 cents for every dollar they gave. the current rate is 39.6%. so they can deduct 39.6 cents for every dollar they give. their cost of giving has, in other words, fallen by 7% for those making $400,000 or more per year. the same is true if you're giving away stock or real estate that's appreciated in value. the higher capital gains rate making giving more economically attractive. the cliff deal does limit certain deductions. but the benefits of these higher tax rates more than makes up that limit on deductions. so net-net, the wealthy get a bigger tax cut this year for giving. it's
the wealthy see charity and taxes two sides of the same coin. taxes go up, charity must go down. press secretary for george bush summed it up in a recent tweet saying, quote, i and many others will likely donate less in 2013. but a new study from the nonpartisan tech center says charitable giving may actually increase this year by $3.3 billion. tax hikes are actually the main reason why. here's how it works. taxpayers deduct their charity at their marginal tax rate. last year the wealthy could...
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Jan 16, 2013
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matt had a payroll processing company to handle things so that taxes were withheld, everything was on the up and up. he submitted a business permit to the city of sacramento. that's the sort of people that the obama justice department said they are not going to go after. >> cenk: molly, how many kids do you have? >> two. >> cenk: hold are they? >> an 18-month-old daughter and 3-year-old daughter. >> cenk: what you are going to do if matt goes to jail for seven years. >> that's not going to be easy. >> cenk: how are you going to make a living? how are you going to support the kids? >> that's a good question. i don't know the answer to that now. >> cenk: can you believe your government is doing this to you even though what you guys are doing are perfectly legal in your own state. >> well, it's shocking. you know, from the beginning from the beginning, when, you know, there was first a search warrant served, you know, on a warehouse, when a search warrant was served on our home, it was shocking all the way through but each time i thought that's ok, they're do an investigation and see tha
matt had a payroll processing company to handle things so that taxes were withheld, everything was on the up and up. he submitted a business permit to the city of sacramento. that's the sort of people that the obama justice department said they are not going to go after. >> cenk: molly, how many kids do you have? >> two. >> cenk: hold are they? >> an 18-month-old daughter and 3-year-old daughter. >> cenk: what you are going to do if matt goes to jail for seven...
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 15, 2013
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sounds like a good thing and perhaps it is in some corners but remember, many states have relied on huge tax revenue from these companies. they, too, face a new reality. before we go, take a look at the day on wall street. the dow jones industrial average closed at the highs of the day. had before down 61 points at the worst. the nasdaq down a fraction and the s&p 500 up a fraction. that will do it tonight. thank you so much for being with me. have a great night. but don't go anywhere, because "fast money" begins right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. apple breaks below $500. a look at why investors are jumping ship. facebook face plant. shares fall after the social media giant unveils its new search feature. big bank earnings. what's riding on numbers from goldman sachs out tomorrow? first, straight to our top story and that's apple's slide. the stock is down 24% over the past three months. should you be a buyer or seller? let's go to the chairs and you were a buyer, keith, today. >> yeah, buy it. at the end of the day, the stock wa
sounds like a good thing and perhaps it is in some corners but remember, many states have relied on huge tax revenue from these companies. they, too, face a new reality. before we go, take a look at the day on wall street. the dow jones industrial average closed at the highs of the day. had before down 61 points at the worst. the nasdaq down a fraction and the s&p 500 up a fraction. that will do it tonight. thank you so much for being with me. have a great night. but don't go anywhere,...
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Jan 21, 2013
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we are just not going to see a carbon tax, it went down several years ago like a stone. many democrats lost in 2010 because of health square and stimulus and the cap and trade vote. we will not see banning of ammunitions or weaponry. we have hoped there is some kind of conscience us. >>shepard: you think no chance for large capacity magazines? >> the numbers do not exist on republican or democrat. >>shepard: closing the gun show loophole? >> the polls show a change in support. >>shepard: if we stuck with the polls we would have had slavery longer. it is not as if bold politicians do what should be done. >> we have representatives who are up for re-election and they are representing gun owners. this campaign has to move more votes. >>shepard: stay with us. james is along the parade route. how does it look, james? >> fabulous, the president's motorcade just passed by us. he waves from the g.m.-created cadillac limousine and got a big rousing reception from the people who were gathered here in what is known as judiciary square in washington. the people were lined up, i want
we are just not going to see a carbon tax, it went down several years ago like a stone. many democrats lost in 2010 because of health square and stimulus and the cap and trade vote. we will not see banning of ammunitions or weaponry. we have hoped there is some kind of conscience us. >>shepard: you think no chance for large capacity magazines? >> the numbers do not exist on republican or democrat. >>shepard: closing the gun show loophole? >> the polls show a change in...
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Jan 16, 2013
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they did not raise taxes. in addition, we have a very business friendly atmosphere. if you come to texas, we will not pull the rug out from under your feet. connell: businesses, sometimes individuals, sometimes larger businesses are leaving state than going to others mostly because of taxes. how much of that juicy and texas in texas and what industries is a really predominate. >> we do not have an income tax. that is a powerful magnet. they do not expect us to go ahead and spend beyond our means. they, in because of the business atmosphere and because we like visitors. a friendly place. the idea of getting to the numbers that you talked about during the first part of the interview and getting through the projections that this particular group put out that this $9 billion gap, specifically, how do you get there sure mark where did the cuts come from? >> i do not know where that number came. there will be a supplemental appropriations bill which we filed in a few weeks. they will fill some of the medicaid that we do not have. it is available in the surplus and it is av
they did not raise taxes. in addition, we have a very business friendly atmosphere. if you come to texas, we will not pull the rug out from under your feet. connell: businesses, sometimes individuals, sometimes larger businesses are leaving state than going to others mostly because of taxes. how much of that juicy and texas in texas and what industries is a really predominate. >> we do not have an income tax. that is a powerful magnet. they do not expect us to go ahead and spend beyond...
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of course other things being considered are tax measures and higher fares. coming up we'll talk to some of the riders and see what they think needs to be done to improve ridership here on bart. live here in san francisco i'm brian flores. >>> pg&e is defending its pipeline testing that occurred before the 2010 disaster in san bruno. pg&e lawyers assert the program measured up to gas industry standards. the claim is reportedly part of pg&e's effort to minimize the expected huge fines for the explosion and fire that killed eight people and destroyed 38 homes. now earlier company executives admitted that there were problems with pg&e pipeline testing and maintenance prior to the disaster in san bruno. >>> time now 6:47. big crowds turned out for a daly city gun show and fears about new gun control laws may have inspired them. on saturday and sunday the lines wrapped around outside the cal palace. ammunition was a popular item at this gun event. it comes after they proposed a bullet control bill. tomorrow the vice president will make gun control recommendations
of course other things being considered are tax measures and higher fares. coming up we'll talk to some of the riders and see what they think needs to be done to improve ridership here on bart. live here in san francisco i'm brian flores. >>> pg&e is defending its pipeline testing that occurred before the 2010 disaster in san bruno. pg&e lawyers assert the program measured up to gas industry standards. the claim is reportedly part of pg&e's effort to minimize the expected...
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so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! people have been daring them to clean up tough messes. [ phone ding! ] another dare. they're proving that viva doesn't play by the rules. dunk it again for the close-up. my fans think a paper towel can't handle this. ♪ that is tough when wet. at least the fame hasn't gone to their heads. [ peggy ] grab viva and break the rules on all your tough messes. the camera loves your mom. she's a natural. ♪ [ cheers and applause ] >>> welcome back, everybody. we are joined right now by a golden globe award winning actress. you know her from movies like "pulp fiction" and "kill bill." and from her emmy nominated performance last season on, "smash." in th
so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! people have been daring them to clean up tough messes. [ phone ding! ] another dare....
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Jan 16, 2013
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you need tax reform, in my view, corporate pad taxes are too high in the competitive world we're in. get those issues in front of them and then deal with the spending issues, which primarily are in medicare-medicaid and some of the other domestic -- >> how should people feel when they read this john boehner interview where he said the president said, we don't have a spending problem. how should people feel about that? >> if he said that, there's no way to agree with that. look, we're spending 24 percent of gdp and we're taking in 16%. we've got a spending problem. part of the spending problem is the recession that we've been in. the thing you've got to remember all of this has to be designed to get strong economic growth. the goal is not to cut spending or deal with the deficit. those are vehicles to get to the main goal getting the economy to grow at a faster rate. >> it is possible for someone to look at what he thinks government should provide for its citizens and it is possible to believe that 25% of gdp should be spent on government services. it is possible that he believes that
you need tax reform, in my view, corporate pad taxes are too high in the competitive world we're in. get those issues in front of them and then deal with the spending issues, which primarily are in medicare-medicaid and some of the other domestic -- >> how should people feel when they read this john boehner interview where he said the president said, we don't have a spending problem. how should people feel about that? >> if he said that, there's no way to agree with that. look,...
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Jan 15, 2013
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they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us now from menlo park with more on a mystery event that is going to take place in just a few hours, good morning. >> reporter: good morning pam, we did see several news vehicles and as the morning goes on the area is expected to fill up and that's because at 10:00 a.m. facebook is anticipating a news conference to unveil something. we don't know what that something is just yet but they say come see what we are building. most people agree they are not talking about an actual building even though they are expanding their campus. some analysts are shooting down the idea of a phone because mark zuckerberg said a phone does not make sense. facebook is his top pry yourty and -- priority and he may unveil a search engine so users would not have to leave the facebook site. it has caused the facebook stock to end on a six month high on friday and the question is, wil
they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us now from menlo park with more on a mystery event that is going to take place in just a few hours, good morning. >> reporter: good morning pam, we did see several news vehicles and as the morning goes on the area is expected to fill up and that's...
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Jan 20, 2013
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the republicans wouldn't vote for tax increases for millionaires -- for tax increases for millionaires. you could do it on guns, you could do it on immigration. you have a lot of tough issues s and you force the republicans to make ugly votes and that's their strategy. that's their strategy to take control of the house. >> the premise of that scares enough republicans into enough action to get mobilized. >> look at what just happened. the republicans in the last day or so, punted on the debt ceiling. i think that was smart. but the reason they did it was they thought a trap had been set and if they didn't, they would look bad. i think that's what would have happened. but that's an idea what have chris is talking about. >> chris, brit, thank you. >> you have a leak in your roof, you if i can it, right? >> but what happens when the capitol building this has a lot of leaks? we'll show you, after the break. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generatio
the republicans wouldn't vote for tax increases for millionaires -- for tax increases for millionaires. you could do it on guns, you could do it on immigration. you have a lot of tough issues s and you force the republicans to make ugly votes and that's their strategy. that's their strategy to take control of the house. >> the premise of that scares enough republicans into enough action to get mobilized. >> look at what just happened. the republicans in the last day or so, punted on...
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KPIX
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critics say the hiring push gets tax breaks for walmart but does little to help veterans get back on their feet. here's cbs 5 consumerwatch reporter julie watts. >> reporter: call it a campaign for good will. in addition to touting everydie low prices, walmart is now offering jobs to veterans. >> i think this is really good news. >> reporter: lance frederick of the department of veterans afares reiterates the sentiments of walmart's ceo: veterans make hard working loyal employees but he is concerned about the caveat in the offer to hire any honorably discharged veteran within onier of active doubt. >> that's unfortunate that they limit it like that. >> reporter: he says most vets want to take advantage of the free education offered by the g.i. bill. after three or four years you might have a vet ready to enter the workforce. >> certainly. when you come back you're a little out of sync with the civilian population. it takes a while to get back into the swing of things. now they are ready to go work. but they are not eligible. >> reporter: and even if they are eligible, some question w
critics say the hiring push gets tax breaks for walmart but does little to help veterans get back on their feet. here's cbs 5 consumerwatch reporter julie watts. >> reporter: call it a campaign for good will. in addition to touting everydie low prices, walmart is now offering jobs to veterans. >> i think this is really good news. >> reporter: lance frederick of the department of veterans afares reiterates the sentiments of walmart's ceo: veterans make hard working loyal...
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Jan 14, 2013
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tax that is collected? thank you. >> guest: i do not. there is a small portion that still remains over the treasury department, but we believe that the money goes to treasury. atf is still very small, very small portion of the work is involved. >> some stats from the website on fiscal 2011 numbers. they recommended defendant's for prosecution in alcohol and tobacco cases about 213 recommended for prosecution. they seized approximately 42 million in the criminal contraband and alcohol and tobacco products moving across states. let's go back to the phone. mike in houston texas on the independent line. good morning, mike. >> caller: good morning. i had the fortune of mary in a very wise woman so in a way i am the luckiest man in the world, but my wife pointed out no one had a concealed or carried permit has committed a rampage shooting so wouldn't more conceal and carry permits held this problem that we are trying to solve? especially when. no woman has done a mass shooting that i am aware of. >> host: we're t
tax that is collected? thank you. >> guest: i do not. there is a small portion that still remains over the treasury department, but we believe that the money goes to treasury. atf is still very small, very small portion of the work is involved. >> some stats from the website on fiscal 2011 numbers. they recommended defendant's for prosecution in alcohol and tobacco cases about 213 recommended for prosecution. they seized approximately 42 million in the criminal contraband and...
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Jan 15, 2013
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CNBC
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citing new tax hikes on the rich as a downside catalyst. >> i think it's absolutely ridiculous. what american express has done in the last two days, cost management. focus on what they are doing there in terms of what the earnings are and expectation that the high-end consumer is going to be affected by what is going on here in terms of fiscal policy. it's misguided. stay with american he cexpress. >> that's talk about cliffs natural. a downgrade. dr. j, make sense of it. the stock is up 2%. >> this one was sold too far down. i can't believe that he actually bothered to downgrade them when the stock was half of whether where it is was. i like the deutsch call. unless we have a lot of trouble with our economy here, judge, which i don't think we're going to have, i think this continues to work and works back into the mid-40s by the end of this quarter. >> talk to me, weiss, about some airlines. they have been doing incredibly well. lately here is ual and lcc. >> they were early in upgrading the airlines and the airlines used to be like drinking beer. you rented it. you didn't own
citing new tax hikes on the rich as a downside catalyst. >> i think it's absolutely ridiculous. what american express has done in the last two days, cost management. focus on what they are doing there in terms of what the earnings are and expectation that the high-end consumer is going to be affected by what is going on here in terms of fiscal policy. it's misguided. stay with american he cexpress. >> that's talk about cliffs natural. a downgrade. dr. j, make sense of it. the stock...
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Jan 19, 2013
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he said he lost his tree business because he couldn't pay his taxes. he said when he tried to pay half, they wouldn't take his money. >> i have had to borrow money. i am misses a few palets on my home -- payments on my home. my children's piggy bank. >> the clerk was surprised by all of the change and had to bring in help to count it. the county does not recommend paying in change. >>> a texas waiter is being hailed as a hero after refusing to serve guests complaining about a child with down's syndrome. when he heard another family say "special needs children need to be special somewhere else. ". >> i wouldn't expect anyone to risk their job. >>> the mega millions jackpot continues to grow. no one matched all of the numbers last night. now it's up to $80 million. now here's a look at the winning numbers from last night. one person in california did match five numbers minus the mega number. >>> well, here's something you can buy if you win the lottery. the original batmobile is hitting the auction blocks. the car was bought for $1 in 1965. it was featur
he said he lost his tree business because he couldn't pay his taxes. he said when he tried to pay half, they wouldn't take his money. >> i have had to borrow money. i am misses a few palets on my home -- payments on my home. my children's piggy bank. >> the clerk was surprised by all of the change and had to bring in help to count it. the county does not recommend paying in change. >>> a texas waiter is being hailed as a hero after refusing to serve guests complaining about...
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Jan 20, 2013
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from 50,000 on down, 60,000 on down, why not tax us? he just tax the people that are higher? host: thank you for the call. let me use this point -- we are not focusing as much on budgets and taxes, but these are tougher economic times and this is something these committees have taken into account? guest: that was the driver behind scaling down from 10 balls to two. george bush in his second inauguration also had 10. that is where the standard was. that has been cut way back. there will be a concert on the national mall with bruce springsteen. there have been efforts not to overspend and there is a willingness to acknowledge that so many americans are having a tough economic times. host: tony, who morning. thank you for calling in. caller: thank you. i want to know, white people started all the money stuff. this president, why is he getting slammed on and all this stuff? i am a black man, he is our president. support him. host: thank you for the call. comments? guest: he makes a good point. these festivities, it is really more about the office of the presidency and it is a cha
from 50,000 on down, 60,000 on down, why not tax us? he just tax the people that are higher? host: thank you for the call. let me use this point -- we are not focusing as much on budgets and taxes, but these are tougher economic times and this is something these committees have taken into account? guest: that was the driver behind scaling down from 10 balls to two. george bush in his second inauguration also had 10. that is where the standard was. that has been cut way back. there will be a...